Porvair to beat expectations
6th Dec 2010 14:22
Filtration and environmental technologies supplier Porvair says that its full year figures will be better than expected due to strong fourth quarter trading. Revenues, based on unchanged exchange rates, will be 15% higher and pre-tax profit well ahead of the previous year. Both divisions grew th
Read moreSmall caps round-up: Huntsworth, Porvair
19th Nov 2010 15:31
Shares in public relations outfit Huntsworth fell back after it said some of the revenues it had expected to come in this year will be delayed until 2011. It also announced that finance director Tymon Broadhead is stepping down to be replaced by Colin Adams, currently finance boss at the Harry Pott
Read moreSmall caps round-up: ASOS, Japan Leisure Hotels, Vertu Motors......
28th Sep 2010 17:12
Non-executive director Karen Jones has taken advantage of the recent ASOS share price dip to buy 4,500 shares in the online fashion retailer. She acquired the shares at £10.98 each. Japan Leisure Hotels, which rents rooms in Japanese hotels by the hour, is trading at little more than half of its u
Read moreLondon close: Footsie makes round trip
14th Sep 2010 16:52
Footsie finished the day as it started it, marginally in positive territory, but for much of the day it languished in the red, as investors turned their attention to gold. The most actively traded contract in the yellow stuff has risen to a record high of $1,269.50 an ounce in New York trading, as
Read moreLondon afternoon: Public sector gloom lifts a little
14th Sep 2010 14:11
The afternoon session has been much like the morning one with Footsie drifting sideways. There has been some focus on companies that rely, in part, on contracts from the public sector, and the feeling is that the worries about the government tap being turned off may have been overdone. Telecoms
Read moreSector movers: Porvair breathes life into alternative energy
14th Sep 2010 13:14
The alternative energy sector is a strong performer with specialist filtration group Porvair going well it said full year results are expected to be well ahead of expectations. The group, which provides equipment for the aviation and energy sectors, said revenue in aviation started to recover in th
Read moreLondon midday: Busy going nowhere
14th Sep 2010 12:02
Footsie has been unable to make early gains stick and despite the strength of resource stocks is hovering close to its starting point for the day. Inflation data did little to boost sentiment, with the annual inflation rate remaining unchanged at 3.1% in August against expectations of a slight eas
Read morePorvair sees FY well above forecasts
14th Sep 2010 08:24
Shares in specialist filtration firm Porvair stormed ahead after it said full year results are expected to be well ahead of expectations. The group, which provides equipment for the aviation and energy sectors, said revenue in aviation started to recover in the third quarter and aviation order in
Read moreSmall caps round-up: Northern Bear, Airsprung, Pursuit Dynamics...
29th Jun 2010 11:03
Support services group Northern Bear stretched its strong run Tuesday after claiming a good start to the new financial year, with its order book and pipeline well up on a year ago. "The board is pleased to announce that the new financial year has started well, with strong order books and a healthy
Read morePorvair 1H Pretax Profit GBP1.3M Vs Loss, Ups FY Profit Views
29th Jun 2010 08:06
LONDON (Dow Jones)--Porvair PLC (PRV.LN), a specialist filtration and environmental technology group said Tuesday, it made pretax profit of GBP1.3 million for the half year ended May 31, compared with loss of GBP0.6 million, and said profitability expectations for the full year results have been rev
Read moreSmall caps round up: Churchill Mining, Synergy Health, Nautical Petroleum
26th Apr 2010 12:31
Shares in Churchill Mining ticked up after the Indonesian-focused coal miner said it had signed a memorandum of understanding for the supply of coal to a subsidiary of the Indonesian state electricity firm Perusahaan Listrik Negara (PLN). It will supply up to 5m tonnes a year, 'significantly incre
Read moreWednesday tips round-up: Severn Trent, De La Rue, Gulfsands
27th Jan 2010 06:56
Severn Trent's chief executive, Tony Wray, has now confirmed the water utility has no plans for a rights issue, although it is cutting the dividend by 10%. The Independent generally is bearish about the water sector, but Severn Trent, which trades at about 1.5 times next year's earnings and yield mo
Read morePorvair to beat cash generation targets
2nd Dec 2009 07:42
Filtration and environmental technologies group Porvair expects to exceed its cash generation expectations in the year to November 30 and achieve its sales and profit targets. Net debt is anticipated to be better than expectations and to have reduced by over £2m in the year to less than £14.5m, the
Read morePorvair sales stable since H2
13th Oct 2009 08:04
Filter company Porvair said sales levels have been stable since the second quarter following restructuring at its US operations. "The benefits of restructuring US operations and tight operational control have been apparent. The contribution from new products continues to grow, helping both sales an
Read moreBooker directors cash in
8th Jul 2009 16:52
A number of directors at Booker have sold millions worth of shares the same day as the cash and carry group said profits and net debt remain in line with expectations. Finance director Jonathan Prentis and operating director Bryn Satherley each made £2.63m, selling 7.5m shares at 35.00p. Commercia
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